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Hedge and Correlation Strategy

  • #3,561
  • Jan 16, 2012 6:53am Jan 16, 2012 6:53am
Has anyone noticed that in most cases, the pair that brings in profitable pips from a hedge is the one that was short?! It has been the case in my last 8 eight trades that includes 5 triplets and 3 quads.

Just a coincidence or is there more to it?
  • #3,562
  • Jan 16, 2012 7:26am Jan 16, 2012 7:26am
Quoting Cheezy
Thanks.
I want to ask if I can use this strategy in pairs EURUSD / USDCHF.
They are still facing each other. I enclose a picture.
Cheezy,

the pairs you mentioned are negative correlated nearby 100%. It's not recommended to use neg. correlation: http://www.forexticket.com/en/tools/01-01-correlation

josch
trading is war - life is simple
  • #3,563
  • Jan 16, 2012 7:40am Jan 16, 2012 7:40am
Quoting hedgecor
Has anyone noticed that in most cases, the pair that brings in profitable pips from a hedge is the one that was short?! It has been the case in my last 8 eight trades that includes 5 triplets and 3 quads.

Just a coincidence or is there more to it?

In my case the longs are better

Longs Won: (85/128) 66%
Shorts Won: (71/128) 55%
  • #3,564
  • Jan 16, 2012 7:46am Jan 16, 2012 7:46am
Dear Ronaldo, your EA is a clockwork...: 37 net pips friday in a turbulent market and 47 today in flat... with virtually no drawdown. I'm definitively in in forward test...live from today.

Thanks again
"If you want something go down, let it go up first" Lao-Tzu
  • #3,565
  • Jan 16, 2012 7:48am Jan 16, 2012 7:48am
Quoting josch
leandar,

this is alway the same question of those, who don't understand the basket principle. If you are only buying/selling one pair and the pair goes wrong direction, you'll lose. If you are buying/selling 1 basket (2 pairs), price may go in any direction, you always will make a profit, as long as the correlation is going home.

josch
ok, josh,

i was trading Different way in correlated pairs

i close all open trades when reach at equity level not in 50% kiss
--------------------
  • #3,566
  • Jan 16, 2012 8:53am Jan 16, 2012 8:53am
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 49 KB
give 1 and get 100
  • #3,567
  • Jan 16, 2012 10:21am Jan 16, 2012 10:21am
Quoting ronaldoaf
In my case the longs are better

Longs Won: (85/128) 66%
Shorts Won: (71/128) 55%
I'm assuming you're using the EA's default settings? Thanks in advance, looks great!
  • #3,568
  • Jan 16, 2012 12:05pm Jan 16, 2012 12:05pm
Quoting ronaldoaf
Version with bug fixed and code refactoring
Thank you


P.S.

Look at the statistics on http://www.myfxbook.com/members/rona...e-hedge/220979

Longs Won: (66/98) 67%
Shorts Won: (53/97) 54%

It may be because I use the Low Price.
Ronald thnx for posting the EA I just have few question:
1st question The lot that is being use in the EA is Lot.o1 is that the deffault setting? is there anyway we can make an option to chose a lot we like? =)
2nd question is there a stoploss on this EA if things go bad do we closed all trade manually ?
3rd question how long do we have to hold the trade ? do we have to hold it until we go positive
4th question whats the biggest pip drawdown u get?
  • #3,569
  • Jan 16, 2012 12:28pm Jan 16, 2012 12:28pm
Hi All,
i am new to this thread , gone through max. posts, appreciable work by friends.

just need help beacuse when i am using EA ersion 1 as well as 2nd,
only problem coming with me is that MT4 is not initiating buy and sell automatically, means its not doing trading.

i have properly pressed EXPERT ADVISOR button and its in green position, but still its not trading live.

pls frineds help me out, whats the problem with my setup.

Attached Image (click to enlarge)
Click to Enlarge Name: problem.jpg Size: 255 KB
  • #3,570
  • Jan 16, 2012 12:57pm Jan 16, 2012 12:57pm
Quoting rahul321
Hi All,
i am new to this thread , gone through max. posts, appreciable work by friends.

just need help beacuse when i am using EA ersion 1 as well as 2nd,
only problem coming with me is that MT4 is not initiating buy and sell automatically, means its not doing trading.

i have properly pressed EXPERT ADVISOR button and its in green position, but still its not trading live.

pls frineds help me out, whats the problem with my setup.

Attachment
Go in MT4 > tools> options> expert advisors and look at the setting
  • #3,571
  • Jan 16, 2012 1:18pm Jan 16, 2012 1:18pm
Quoting Pierre
Go in MT4 > tools> options> expert advisors and look at the setting
brother thanks for reply, in settings its enabled, pls check

Attached Image (click to enlarge)
Click to Enlarge Name: problem1.jpg Size: 111 KB


pls suggest what to do now
  • #3,572
  • Jan 16, 2012 1:35pm Jan 16, 2012 1:35pm
Quoting rahul321
brother thanks for reply, in settings its enabled, pls check

Attachment

pls suggest what to do now
uncheck "confirm dll calls"
  • #3,573
  • Jan 16, 2012 1:41pm Jan 16, 2012 1:41pm
Quoting Pierre
uncheck "confirm dll calls"
i did that too. lets see.
  • #3,574
  • Jan 16, 2012 1:53pm Jan 16, 2012 1:53pm
Quoting Pierre
uncheck "confirm dll calls"
brother still not working,

what else things should i check now.

pls pls help.
  • #3,575
  • Jan 16, 2012 2:22pm Jan 16, 2012 2:22pm
Quoting rahul321
brother still not working,

what else things should i check now.

pls pls help.
In the setting Ea , do you put the second pair GBPUSD?
  • #3,576
  • Jan 16, 2012 3:18pm Jan 16, 2012 3:18pm
Hi everyone,

Awesome strategy and great thread, with plenty of smart and useful posts

Ronaldo, big thanks for sharing the EA, it seem to have huge potential. Please add the option to choose lots in order for us to figure out how to maximize profits. I would be grateful if you would tell us more about the exit rules and if there is a limit to the number of open positions.

Looking forward to your reply

Quoting fxpunk2011
Ronald thnx for posting the EA I just have few question:
1st question The lot that is being use in the EA is Lot.o1 is that the deffault setting? is there anyway we can make an option to chose a lot we like? =)
2nd question is there a stoploss on this EA if things go bad do we closed all trade manually ?
3rd question how long do we have to hold the trade ? do we have to hold it until we go positive
4th question whats the biggest pip drawdown u get?
  • #3,577
  • Edited 4:02pm Jan 16, 2012 3:51pm | Edited 4:02pm
Also noticed it has a tendancy to close every single open trade available, not just trades that it initiates..
  • #3,578
  • Jan 16, 2012 3:54pm Jan 16, 2012 3:54pm
EA has just opened 14 trades in 10 min, and I have just reached first level (1.7)....... a bit scary.........

I have stopped for now my live test......

Do the EA open a trade each time it reaches the same level different times in the same basket?

Thank you
  • #3,579
  • Jan 16, 2012 4:03pm Jan 16, 2012 4:03pm
Quoting ronaldoaf
I think the difference is small. Because in my test, I made 74 pips since 8:00 am CET
Hi just one comment testing both versions at same time old one - with bug correction is better then the new one more trades are in profit. Keeping it testing more. will see,
Tea
  • #3,580
  • Jan 16, 2012 4:32pm Jan 16, 2012 4:32pm
Quoting Caillou
EA has just opened 14 trades in 10 min, and I have just reached first level (1.7)....... a bit scary.........

I have stopped for now my live test......

Do the EA open a trade each time it reaches the same level different times in the same basket?

Thank you
Mine did the same, but I'm on demo. Odd.
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